Information Provided By:
Fly News Breaks for May 6, 2019
EOG
May 6, 2019 | 09:21 EDT
As previously reported, Susquehanna analyst Biju Perincheril upgraded EOG Resources to Positive from Neutral, stating that the company's recent operational performance suggests that his doubts about its capital efficiency and production growth were misplaced. The analyst, who said EOG has an "unmatched combination of production growth and free cash flow generation," raised his price target on the stock to $115 from $107.